Economy, asked by sanchitpanwar20, 6 months ago

Define the terms poverty line, BPL, yellow card, inflation and deflation.​

Answers

Answered by puthathriloknathredd
0

Answer:

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Answered by Anonymous
6

Answer:

POVERTY LINE:

the estimated minimum level of income needed to secure the necessities of life.

BPL:

Below Poverty Line is a benchmark used by the government of India to indicate economic disadvantage and to identify individuals and households in need of government assistance and aid. It is determined using various parameters which vary from state to state and within states.

YELLOW CARD:

a card of a yellow colour displayed by a referee to indicate that a player has been officially cautioned for some offence. verb yellow-card

INFLATION:

the action of inflating something or the condition of being inflated.

a general increase in prices and fall in the purchasing value of money.

DEFLATION:

the action or process of deflating or being deflated

reduction of the general level of prices in an economy.

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